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Ten years on, Feihe Dairy, a 57-year-old domestic firm, became the first outfit in the Chinese infant and toddler formula industry to surpass 10 billion yuan in annual revenue. Its ranking in market share rose from No 7 in 2015 to No 1 in China, surpassing all foreign brands.

Ten e-commerce enterprises in China, including Alibaba and JD, signed an agreement on Wednesday to be honest in their business dealings, protect customers' information and help build a safe online environment.

That figure would represent 59 percent of global e-commerce transaction value in five years, up from 41.8 percent a year ago, according to AliResearch.

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Thanks to the precedent set by Jean Moilin and Marie Madeleine Lee, it has become a customary practice that the Cabinet of Mauritius would include a member of Chinese descent and the country's ambassador to China would be an ethnic Chinese, says Donald Ah-Chuen, 84, son of Jean Moilin and the CEO of ABC Group, during an interview in the family's former residence on Reverend Lebrun Street in Rose Hill.

Tensions between Tehran and Washington has flared up in recent months, following US decisions to designate Iran's Islamic Revolution Guards Corps (IRGC) a "foreign terrorist organization" and to reimpose sanctions on Iran.

Tencent's virtual wallet expanding offerings to deepen presence in major overseas markets

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Ten year ago, Cheng was a 12-year-old boy who held a sign saying "I want to become an airborne trooper when I grow up" when he saw airborne troops leave after their rescue work in the 2008 Wenchuan earthquake. Now Cheng has become a soldier of the Chinese airborne troops, just as he said he would.

Tencent. [Photo/VCG]

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Tensions have risen ahead of a year-end deadline set by Pyongyang, which has called on Washington to change its policy of insisting on Pyongyang's unilateral denuclearization and demanded relief from punishing sanctions.

Thanks to its Hong Kong origins, the company has developed an affinity for southern China, and has already built a strong presence in the area. It started its developments in Guangzhou, Foshan and Shenzhen and has reserved many parcels of land during its early years, to be able to open new property projects today.